Palm continues to placate Wall Street with promises of future growth, as shares jumped in after-hours trading even as the smartphone maker reported a loss totaling $105 million for its fiscal fourth quarter.

While the loss didn't surprise industry watchers -- it actually topped analyst estimates -- the company's executives did touch on Palm's direction during its critical transformation.

During the company's earnings call, newly appointed Palm CEO Jon Rubenstein ran down a list of Palm's strengths, including interest from the enterprise for the company's new flagship product, the Palm Pre, and expressed confidence in his belief that company's new mobile platform webOS will take off with developers, despite a slow roll-out.

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